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"Jobs for Europe" conference with the participation of José Manuel Barroso

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José Manuel Barroso, President of the EC, and László Andor, Member of the EC in charge of Employment, Social Affairs and Inclusion, participated in the "Jobs for Europe" conference with Herman van Rompuy, President of the European Council, and Martin Schulz, President of the EP.
In his speech José Manuel Barroso highlighted that over 10% of EU workers — and over 11% of euro-area workers — were out of a job. Not only were the overall jobless figures worryingly high, they were also spread unevenly across the EU. The President added that over half of the EU’s unemployment occured in the Member States most affected by the systemic euro crisis.
Behind these headline figures there were specific acute problems. First, nearly a quarter of young people looking for a job in the EU could'nt find one. That figure rose to over 50% in some Member States. Many other youngsters were working in precarious positions with very uncertain prospects. Second, long-term unemployment was rising fast. The data showed that 4.5% of the active population had been unemployed for over a year. Long-term unemployment not only undermined people’s chances of getting back into employment, but also showed a structural weakness of the EU labour market — its inability to reabsorb job losses.
Lastly, the crisis was also affecting the quality of employment. Segmentation of the labour market, wage polarisation and low wages feeding the phenomenon of "in-work poverty" were further driving factors of inequality in the workforce. 8.4% of employed people in the EU felt below the poverty line. José Manuel Barroso highlighted that beyond all these statistics it was important to recognise that a real social emergency crisis existed, at least in some parts of Europe.

Type: College   Reference: I-074388   Date: 06/09/2012   Duration: 04:40
Personalities:   Barroso, José Manuel |   Andor, László |   Schulz, Martin  
Location: Brussels - EC/Charlemagne  
Languages: ORIGINAL

Tags: European Parliament - President | Financial crisis | Growth | Interinstitutional cooperation | Job security | Labour market | Labour policy | Poverty | Unemployment
RAPID: SPEECH,
© European Union, 2012   /   Source: EC - Audiovisual Service
Director: Catherine Vandezande
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